5545 Hardy Ave.
Photo courtesy of South Coast Commercial Inc.

5545 Hardy Ave. Photo courtesy of South Coast Commercial Inc.

A College Area apartment building has been sold for $4.1 million.

Delta Gamma Sorority acquired the 15,343 square-foot building at 5545 Hardy Ave.

The three-story building includes a parking garage and two two-bedroom, two-bathroom suites and three-four bedroom, two-bathroom suites.

The seller was the San Diego Upsilon Alumni Association.

Benn Vogelsang of South Coast Commercial represented the Alumni Association.

Kevin Roy of Healthcare Finance Partners represented the buyer.

“This project was a great buy as it provides prime, off-campus student housing with new construction two-bedroom and four-bedroom suites, as well as a common area and much-needed off-street parking,” Vogelsang said.

Real estate reporter Ray Huard may be readhed at rhuard@sdbj.com or 858-277-8904.